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Insurance Fraud Detection Market Forecast 2026-2031: A USD 20.2 Billion Opportunity as AI-Led Detection and Digital Verification Drive Growth, Says Mordor Intelligence

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HYDERABAD, India, June 5, 2026 /PRNewswire/ — According to Mordor Intelligence, the global insurance fraud detection market is estimated at USD 8.52 billion in 2026 and is projected to reach USD 20.2 billion by 2031, growing at a CAGR of 18.85% during the forecast period (2026–2031). The growth of the insurance fraud detection industry is primarily driven by the rising complexity and volume of fraudulent insurance claims, alongside the increasing adoption of artificial intelligence and machine learning technologies by insurers. Companies are leveraging advanced analytics and predictive tools to identify anomalies, streamline claim processes, and minimize financial losses. With heightened regulatory scrutiny and the push for transparency in claims processing, the insurance fraud detection market size is poised for substantial expansion over the next five years.

Regional Market Insights

Insurers in Asia Pacific are leveraging mobile-first platforms, digital IDs, and innovative local solutions to improve fraud detection, even in areas with limited connectivity. Advanced data from social IDs and IoT devices helps carriers identify suspicious patterns and prevent losses more effectively.

In North America, strong regulatory frameworks combine with cutting-edge technologies like behavioral biometrics and connected vehicle data, allowing insurers to detect orchestrated claims and maintain secure, compliant fraud monitoring.

Emerging Solutions in Insurance Fraud Detection Market

Telematics and IoT Enhancing Fraud Detection

The rise of connected devices and telematics is helping insurers spot fraudulent activity more effectively. By analyzing real-time driving behavior and IoT data from vehicles or properties, insurers can identify unusual patterns and coordinated schemes, enabling faster and more accurate fraud prevention.

AI-Driven Claims Automation Transforming Insurance

Top insurers are increasingly adopting AI-powered tools to streamline claims processing. By automating reviews, they can quickly detect suspicious claims and anomalies, improving efficiency while maintaining accuracy. Advanced techniques like natural language processing and computer vision allow insurers to analyze notes, images, and videos almost instantly, helping prevent fraudulent payouts before they occur.

Ashish Gautam, Senior Research Manager, Mordor Intelligence says, “As the Insurance Fraud Detection Market evolves in response to growing claims volumes and operational oversight requirements, organizations need research that distinguishes durable trends from short-term market activity. Mordor Intelligence supports this need through transparent market frameworks, consistent validation practices, and balanced analysis that decision-makers can evaluate with confidence.”

Table of Contents (Partial) – Insurance Fraud Detection Market
1. INTRODUCTION

1.1 Study Assumptions and Market Definition1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET LANDSCAPE

4.1 Market Overview4.2 Market Drivers4.2.1 Rising Need for Zero-Defect Manufacturing4.2.2 Increasing Adoption of Vision-Guided Robotics4.2.3 Growing Demand for 3D Vision in Electronics Miniaturisation4.2.4 and more4.3 Market Restraints4.3.1 Lack of Skilled Machine Vision Integrators4.3.2 High Cost of High-Resolution and Hyperspectral Cameras4.3.3 Cybersecurity Risks in Cloud-Connected Vision Systems4.3.4 Supply Chain Volatility of Image Sensor Semiconductors4.4 Industry Ecosystem Analysis4.5 Impact of Macroeconomic Factors4.6 Regulatory Landscape4.7 Technological Outlook4.8 Porter’s Five Forces Analysis4.8.1 Bargaining Power of Suppliers4.8.2 Bargaining Power of Buyers4.8.3 Threat of New Entrants4.8.4 Threat of Substitutes4.8.5 Intensity of Competitive Rivalry

5. MARKET SIZE AND GROWTH FORECASTS (VALUE)

5.1 By Component5.1.1 Hardware5.1.1.1 Vision Systems5.1.1.2 Cameras5.1.1.3 Optics and Illumination Systems5.1.1.4 and more5.2 By Product Type5.2.1 PC-Based5.2.2 Smart Camera-Based5.3 By Imaging Type5.3.1 2D Imaging5.3.2 3D Imaging5.3.3 Hyperspectral and Multispectral Imaging5.4 By End-User Industry5.4.1 Automotive5.4.2 Electronics and Semiconductors5.4.3 Food and Beverage5.4.4 Healthcare and Pharmaceutical5.4.5 and more5.5 By Deployment Mode5.5.1 On-Premise5.5.2 Edge/Embedded5.5.3 Cloud-Based5.6 By Geography5.6.1 North America5.6.1.1 United States5.6.1.2 Canada5.6.1.3 Mexico5.6.2 South America5.6.2.1 Brazil5.6.2.2 Argentina5.6.2.3 Chile5.6.2.4 Rest of South America5.6.3 Europe5.6.3.1 United Kingdom5.6.3.2 Germany5.6.3.3 France5.6.3.4 Italy5.6.3.5 Spain5.6.3.6 Russia5.6.3.7 Netherlands5.6.3.8 Rest of Europe5.6.4 Asia Pacific5.6.4.1 China5.6.4.2 Japan5.6.4.3 India5.6.4.4 South Korea5.6.4.5 Australia5.6.4.6 Rest of Asia Pacific5.6.5 Middle East5.6.5.1 Gulf Cooperation Council5.6.5.2 Turkey5.6.5.3 Israel5.6.5.4 Rest of Middle East5.6.6 Africa5.6.6.1 South Africa5.6.6.2 Nigeria5.6.6.3 Kenya5.6.6.4 Egypt5.6.6.5 Rest of Africa

6. COMPETITIVE LANDSCAPE

6.1 Market Concentration6.2 Strategic Moves6.3 Market Share Analysis6.4 Company Profiles (includes Global level Overview, Market level overview, Core Segments, Financials as available, Strategic Information, Market Rank/Share for key companies, Products and Services, and Recent Developments)6.4.1 Cognex Corporation6.4.2 Keyence Corporation6.4.3 Omron Corporation6.4.4 Teledyne Technologies Incorporated6.4.5 Sony Group Corporation6.4.6 Atlas Copco AB (ISRA Vision)6.4.7 IDS Imaging Development Systems GmbH6.4.8 National Instruments Corporation6.4.9 MVTec Software GmbH6.4.10 Basler AG6.4.11 and more

7. MARKET OPPORTUNITIES AND FUTURE OUTLOOK

7.1 White-Space and Unmet-Need Assessment

For details on other market segments and the full table of contents, visit –
https://www.mordorintelligence.com/industry-reports/insurance-fraud-detection-market

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Read more about companies active in the Threat Intelligence Market: https://www.mordorintelligence.com/industry-reports/threat-intelligence-market/companies

About Mordor Intelligence 

Mordor Intelligence is a trusted partner for businesses seeking comprehensive and actionable market intelligence. Our global reach, expert team, and tailored solutions empower organizations and individuals to make informed decisions, navigate complex markets, and achieve their strategic goals. With a team of over 550 domain experts and on-ground specialists spanning 150+ countries, Mordor Intelligence possesses a unique understanding of the global business landscape.

This expertise translates into comprehensive syndicated and custom research reports covering a wide spectrum of industries, including aerospace & defense, agriculture, animal nutrition and wellness, automation, automotive, chemicals & materials, consumer goods & services, electronics, energy & power, financial services, food & beverages, healthcare, hospitality & tourism, information & communications technology, investment opportunities, and logistics.

For any inquiries, please contact: 
media@mordorintelligence.com
https://www.mordorintelligence.com/contact-us

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TCL Inspires Her Greatness at the FIBA Women’s Basketball World Cup 2026

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As a FIBA Global Partner, TCL brings TCLforHer to life through technology-enabled fan experiences that celebrate women athletes, connect fans, and extend the energy of the game beyond the court.

BERLIN, Sept. 5, 2026 /PRNewswire/ — The FIBA Women’s Basketball World Cup 2026 takes place in Berlin this September, with the world’s top women’s basketball teams competing on the sport’s biggest stage. As a FIBA Global Partner, TCL is bringing its TCLforHer initiative to life at the tournament with a series of technology-enabled fan experiences that let standout performances by women athletes be seen, shared and celebrated by audiences worldwide.

With the FIBA Women’s Basketball World Cup 2026 taking place in Berlin alongside IFA 2026, TCL is using this rare meeting of global sport and consumer technology to connect the energy of the court with the future of smart living.

“The FIBA Women’s Basketball World Cup is a powerful platform for celebrating the confidence, resilience and teamwork that define women’s basketball,” said Wei Xue, Vice President and ESG Director of TCL Technology and Chairman of the TCL Charity Foundation. “Through TCLforHer and our partnership with FIBA, TCL is using technology not only to enhance the fan experience, but also to help the stories and achievements of women athletes inspire more women around the world.”

TCLforHer Champions Women’s Sport On and Off the Court

During the tournament, the TCL Player of the Game award will honor standout performances across 36 games, recognizing the skill, strength, leadership and resilience shown on the court.

Beyond the court, TCL’s commitment to celebrating women’s achievements extends through TCLforHer, a global initiative launched in 2021 that brings together technology, sport, and education to support women’s personal development. Through FIBA’s “Her World, Her Rules,” TCL encourages girls and women to build confidence, challenge limitations and pursue their potential through sport.

From the Court to the Living Room, TCL Brings Elite Sport Closer to Fans

TCL’s support is visible throughout the tournament through courtside advertising boards, on-court decals, media backdrops and a dedicated fan interactive booth at Berlin Arena, while fan activations—including TCL Lucky Frame, giant TIFO display and TV giveaways—turn live game highlights into memorable fan moments.

Outside the arena, TCL is extending the passion of the game to home entertainment and mobile through TVs, RayNeo glasses, and mobile devices. Whether watching the game on a large living-room screen, exploring more personal viewing through wearable displays, or following and sharing moments on mobile devices, TCL is bringing the game’s energy into more everyday settings through a richer range of on-screen experiences.

Inspiring Greatness Through Global Sports Engagement

Sport is a key pillar of TCL’s global brand strategy and a shared language through which it creates emotional connections with audiences across cultures. Spanning football, basketball, American football, esports, and more, TCL is building a global partnership network that connects fans with world-class sport.

As an Official Worldwide Olympic and Paralympic Partner and FIBA Global Partner, TCL brings international sporting moments into everyday life through its display technologies, smart home appliances, and smart living experiences. Beyond these global sports platforms, TCL is also connecting with fans locally through football partnerships with major European national teams and clubs, creating more everyday touchpoints for fans to experience their favorite sports and teams. Together, these partnerships help TCL bring fans closer to their favorite athletes and teams, igniting more moments that Inspire Greatness every day.

About TCL

Founded in 1981, TCL—short for “The Creative Life”—is dedicated to empowering smarter, healthier lifestyles through next-generation experiences. Operating through two independent entities, TCL Industries and TCL Technology, TCL delivers innovative solutions spanning TVs, smartphones, audio products, smart home devices, display technologies, and clean energy.

Today, with 50 R&D centers and 47 manufacturing bases globally, TCL operates in over 160 countries and regions, reinforcing its position as a globally competitive smart technology brand. To further inspire greatness, TCL has become an official Worldwide Olympic and Paralympic Partner in the Home Audiovisual Equipment and Home Appliances category. 

https://www.tcl.com/global/en
 

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SOURCE TCL Technology Group Corporation

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TWSE deepens global capital market partnerships in London

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TAIPEI, Sept. 5, 2026 /PRNewswire/ — The Taiwan Stock Exchange (TWSE) will lead a delegation to London this September to strengthen investor engagement for Taiwan-listed companies, promote the Asian Asset Management Center (AAMC) initiative, and deepen collaboration with global financial institutions.

The visit comes as international participation in Taiwan’s equity market continues to expand. Foreign investors’ share of TWSE-listed market capitalization increased from 39.56% in 2022 to 48.61% in the second quarter of 2026, approaching half of the market’s total value and underscoring their increasingly important role in connecting Taiwan-listed companies with global capital.

“London is a key market for Taiwan as we deepen engagement with global investors and financial institutions,” said TWSE Chairman Sherman Lin. “Through this visit, we look forward to showcasing the latest developments and strengths of Taiwan’s companies and capital market, advancing the Asian Asset Management Center initiative, and strengthening two-way connections between Taiwan and global capital markets.”

Following the successful investor outreach program in New York in March, TWSE will partner with SinoPac Securities in London to facilitate meetings between Taiwan-listed companies and institutional investors. A luncheon presentation will also provide investors with an update on developments in Taiwan’s capital market and its investment opportunities.

TWSE will participate in the Taiwan Financial Briefing Forum – London Edition, jointly organized by the Taiwan Academy of Banking and Finance and Z/Yen Group. Under the theme, “Unlocking Taiwan’s Edge as Asia’s Asset Management Hub,” the forum will showcase Taiwan’s deep and liquid capital markets, substantial private wealth, and growing demand for wealth management services. TWSE will also highlight the policy direction of the Asian Asset Management Center initiative and its role in supporting Taiwan’s development as a leading asset management hub in Asia.

About TWSE

The Taiwan Stock Exchange (the TWSE) commenced operations on February 9, 1962, and is responsible for operating and advancing Taiwan’s securities market. Its core business activities include listing, trading, clearing and settlement, and market surveillance. These functions encompass listing promotion and review, post-listing supervision and corporate governance, maintaining orderly market operations, securities firm services, investor protection, clearing and settlement activities, safeguarding against market defaults, and monitoring illegal trading activities. Through these efforts, the TWSE provides comprehensive services to support the development and integrity of Taiwan’s securities market.

View original content:https://www.prnewswire.com/apac/news-releases/twse-deepens-global-capital-market-partnerships-in-london-302870637.html

SOURCE Taiwan Stock Exchange (TWSE)

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Asia-Pacific Media Forum Launches “Gather in Shenzhen, Create a Better Asia-Pacific” Media Cooperation Initiative

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SHENZHEN, China, Sept. 5, 2026 /PRNewswire/ — Shenzhen is a city born from China’s reform and opening-up. In just over four decades, it has grown from a small fishing village into a modern international metropolis. It is a remarkable story of development created by the Chinese people, and a window through which the world can better understand China.

As part of the overall outcomes of Asia-Pacific Media Forum, Shenzhen is launching three long-term initiatives under a media cooperation program titled “Gather in Shenzhen, Create a Better Asia-Pacific.”

The three initiatives are: Technology sharing ; Content co-creation; and Talent development.

On the occasion of the opening of the Asia-Pacific Media Forum, Shenzhen is officially launching this media cooperation initiative and inviting media partners from across the Asia-Pacific to take part. Together, we hope to contribute the strength of the media to building an Asia-Pacific community and promoting shared prosperity.

Video link: https://youtu.be/oJmxc-nYo10
Video produced by Shenzhen Media Group

 

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SOURCE Shenzhen Media Group

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